Housing Wire

SEPTEMBER 23, 2022

So, CHLA eagerly awaited NCRC’s comment letter on the current federal CRA rulemaking. But nowhere in NCRC’s 129-page comment letter are any of these changes seemingly addressed. The National Community Reinvestment Coalition (NCRC) then returned the volley in an op-ed by Jesse Van Tol advocating for extending CRA to IMBs.

Banks 311

Banks Lending Loans Mortgages 311

Housing Wire

NOVEMBER 24, 2021

As we point out in a recent letter to the Conference of State Bank Supervisors (CSBS), CRA could be counterproductive, imposing burdensome and costly regulations that discourage smaller IMBs from doing business in a state. Our letter highlighted the main evidence we have to date — from Massachusetts, which imposed CRA on IMBs in 2007.

Banks 331

Banks Lending Loans Mortgages 331

Housing Wire

OCTOBER 28, 2021

The Community Home Lenders Association (CHLA), which represents small and mid-size independent mortgage bankers (IMBs), applauds these developments, and we just submitted comment letters on equitable housing and housing goals on how to build on this. FHFA also should also make permanent the longstanding GSE pilots for direct MI coverage.

Banks 351

Banks Loans Mortgages Investor 351

Housing Wire

JULY 29, 2021

” So today, CHLA submitted a detailed comment letter , asking Ginnie Mae to withdraw the proposal – or at least rework it to focus on larger issuers – “Because that’s where the risk is.”. The Community Home Lenders Association (CHLA) acknowledges that Ginnie Mae has a responsibility to monitor the risk of its issuers.

Banks 395

Banks Loans Equity Mortgages 395

Housing Wire

APRIL 7, 2023

Elon Musk recently took to Twitter in response to the Kobeissi Letter , a reputable authority on market commentary. The original post made note of the fact that in the next five years, more than $2.5 trillion in commercial real estate debt will mature, “… by far more than any 5-year period in history.”

Commercial 337

Commercial Banks Fixed-rate mortgage Residential 337

Housing Wire

MARCH 27, 2023

At a time of high mortgage rates and inflation, the federal government — along with government-sponsored enterprises — is understandably under pressure to lower costs and make homeownership more accessible. We share the goal of improving housing affordability. It’s important we find the right path.

Title 273

Title Title search Banks Land 273

Housing Wire

MAY 12, 2022

Yes, a customer should be able to upload documents to a portal or receive a digital approval letter. Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. This is not an Amazon order. We’re not cavepeople.

Lending 294

Lending Marketing Pre-qualification Pre-approval 294

Housing Wire

NOVEMBER 17, 2022

The latest: last week, CHLA sent a letter to Congress suggesting that VA fee hikes should be allowed to expire next April. The latest: last week, CHLA sent a letter to Congress suggesting that VA fee hikes should be allowed to expire next April. 1 way most regular Americans build wealth. 1 way most regular Americans build wealth.

Mortgages 250

Mortgages Finance Loans Development 250

Housing Wire

MARCH 11, 2022

As lender concerns about margin compression rise, why aren’t we seeking to better understand our mortgage application fallout rates to increase revenue? For mortgage originators of all sizes, “fallout” is a word that induces headaches and nausea at roughly the same level as terms like “repurchase demand” or “regulatory audit.”

Mortgages 294

Mortgages Loans Lending Technology 294

Housing Wire

NOVEMBER 9, 2020

In Japan, the word for “improvement” is kaizen. In business, kaizen refers to activities that continuously improve all functions and involve all employees from the top down. One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. Bipartisan national solution.

Closing 436

Closing Title Technology Land 436

Real Trends

MARCH 3, 2022

Here are a few techniques and tips to keep in mind as you go to battle. Just remember, you might be on the opposite side of the playing field next weekend, so keep it professional, play a clean game and most importantly, put your clients first, every time. . When you’re the listing agent: Please don’t list and ghost. Be available.

Agents 103

Agents Due diligence Inspection Rent back 103

Toronto Realty Blog

APRIL 22, 2022

TorontoRealtyBlog. Those of you who are not currently working in the real estate industry probably aren’t familiar with the publication, “Real Estate Magazine,” or REM as we know it. REM’s “About Us” section reads: REM (Real Estate Magazine) is Canada’s premier monthly magazine for real estate professionals.

Land 86

Land Development Construction Investor 86

Housing Wire

FEBRUARY 21, 2024

So, in January 2023, CHLA wrote a letter to Ginnie Mae , asking Ginnie to expand its PTAP program, to increase liquidity for Ginnie servicer/issuers experiencing increases in advance responsibilities. At a recent congressional hearing, Treasury Secretary Janet Yellen said that U.S.

Banks 326

Banks Loans Mortgages Commercial 326

Housing Wire

DECEMBER 4, 2023

In this open letter, our discussion is deliberately narrow, centering exclusively on potential adverse impacts to the mortgage industry and borrowers that might arise if, as a result of this lawsuit, buyers find themselves compelled or expected to shoulder the cost of buyer agent commissions.

Mortgages 405

Mortgages Closing costs Agents Finance 405

Real Trends

JULY 11, 2022

Assisting a customer as they complete a home purchase is a big responsibility that requires both hard knowledge and soft skills. When it comes to making an offer, even experienced homebuyers need reminders. Here are the most important things you need to make sure homebuyers knows before they make an offer. Comparable properties. Terms of the offer.

Seller concession 79

Seller concession Closing costs Inspection Title search 79

Housing Wire

MAY 8, 2023

We decided to rent a bigger home. I was beyond done. It wasn’t meant to be. The awards for entrepreneurship did not extend to quickly buying a home. My wife found a home with motivated owners due to a divorce. They had only lived there nine months and needed to make a move. This was ideal because he was also moving in with us.

VA loan 390

VA loan Mortgages Marketing Loans 390

HomeLight

AUGUST 16, 2021

?. Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. The headlines change almost every day. They’ll need solutions to a difficult situation. Join our Walkthrough Listener Mastermind. Links and Show Notes. Auction.com. FreddieMac.

Marketing 75

Marketing Short sale Bankruptcy Banks 75

GeekEstate

NOVEMBER 8, 2021

[Note from editor: We publish a Weekly Transmission for GEM members , a series of long-form articles covering the spectrum from shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war. Below is this month’s sample Transmission.]. NOVEMBER MONTHLY TRANSMISSION. BY DREW MEYERS.

Equity 52

Equity Industrial Property Management As-is 52

Housing Wire

MAY 26, 2022

The Manufactured Housing Institute (MHI) appreciates that the Biden administration has created a White House Task Force on Manufactured Housing. So, it is disappointing that the final rule for manufactured housing energy standards that the Department of Energy (DOE) released just two days later does precisely the opposite.

Construction 360

Construction Development As-is Industrial 360

McKissock

MAY 14, 2023

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? Here’s an outline of the items that should appear in your report. fee simple, leased fee, etc.) fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

Title 87

Title Sales Finance Development 87

The Close

AUGUST 23, 2022

If you’re searching for a new, outside the box real estate lead generation idea to scale your business in 2022, the sheer number of options can be overwhelming. We’ve compiled 39 underrated yet innovative real estate lead generation ideas that smart agents are using this year. Learn How to Prospect on LinkedIn. Related Article. Visit Market Leader.

Closing 98

Closing Branding Agents Brokerage 98

HomeLight

AUGUST 2, 2021

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. Jim Remley is back with part two of our series on finding inventory in a low-supply market. Be ready to hear specific scripts, tactics, and websites you can use to execute on these ideas.

Marketing 80

Marketing Agents As-is Sales 80

Housing Wire

APRIL 19, 2021

If you drop a frog into a boiling pot of water, the frog will leap out. But if you drop a frog into a pot of cold water and turn the heat up slowly, the frog will boil. Personally, I think the frog is in trouble either way, but that is beside the point. From CEOs to executive leadership , the exodus under Calabria’s reign has been pronounced.

Industrial 496

Industrial Mortgages Banks Loans 496

HomeLight

NOVEMBER 23, 2020

Our first year is in the books, and what a year it was! A national pandemic shut real estate down, at least temporarily, and some states declared real estate agents “non-essential.” ” Despite that, real estate defied all expectations during our national economic recession. Join our Walkthrough Listener Community.

Agents 82

Agents As-is Marketing Industrial 82

Housing Wire

MAY 17, 2021

The final rule is a meaty one, taking into account the feedback from 12 comment letters that FHFA received, mostly from trade groups, consumer advocates, and think tanks. The key to this op-ed is understanding what was left out. But here we go again. So where is the outcry? But silence prevails.

Industrial 265

Industrial Investor As-is Development 265

The Close

OCTOBER 6, 2020

After each description, I’ll quickly give you my take as an editor on why they work, which isn’t always obvious. There is only one thing I don’t like about being a writer: writing. I’ve been featured in the New York Times and get 400,000 page views per month, but writing is still hard work, even for me. Millionaire details. Miser maintenance.

Renovation 116

Renovation Brokerage Design Agents 116

HomeLight

FEBRUARY 22, 2021

Communication is at the heart of real estate success. Marketing, sales, negotiation — it all relies on great communication skills. Neuro-linguistic programming (NLP) offers real estate agents a way to communicate more effectively by building rapport, being a better listener, and using non-verbal cues. Links and Show Notes. Full Transcript.

Agents 91

Agents As-is Sales Staging 91

HomeLight

JULY 26, 2021

Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. Are you waiting and hoping for the market to return to normal? Waiting for sellers to get back in the market, so you can pick up more listings? There’s a better way. Links and Show Notes. Jim Remley at John L.

Marketing 80

Marketing Agents Brokerage As-is 80

HomeLight

MARCH 15, 2021

If you want to win more bidding wars, you can’t keep writing offers the same way you always have. When you’re up against five, 10, or even 50+ other offers, the smallest details can have the biggest impact. And winning often comes down to something other than price or closing date. Join our Walkthrough Listener Community. Links and Show Notes.

Agents 79

Agents Backup offer Inspection Closing 79

HomeLight

OCTOBER 5, 2020

If you want to win more bidding wars, you can’t keep writing offers the same way you always have. When you’re up against 5, 10, or even 50+ other offers, the smallest details can have the biggest impact. And winning often comes down to something other than price or closing date. This is the first of a two-part conversation, so don’t miss out!

Agents 78

Agents Backup offer Inspection Closing 78

The Close

JUNE 2, 2022

Since so many leads, especially millennials, prefer to be contacted via email, writing effective real estate email templates will help you close more deals in 2022. The only problem is that for many agents, writing effective emails can be challenging. After the list, check out my 15 rules for writing effective emails. copy to clipboard.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Agents Brokerage 98

HomeLight

OCTOBER 11, 2021

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | Stitcher | YouTube. 30-day and 60-day onboarding programs are common among today’s real estate teams. Join our Walkthrough Listener Mastermind. Links and Show Notes. HomeLight’s Agent Resource Center.

Agents 90

Agents Branding Pre-approval As-is 90

Housing Wire

MARCH 22, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. While buying a house is typically an exciting process for our clients, it can also be overwhelming. I’d recommend reviewing it with them at your initial buyer consultation meeting.

Agents 385

Agents Pre-approval Pre-qualification Inspection 385

HomeLight

MARCH 22, 2021

The best price doesn’t always win a bidding war. You need to write offers that tell the listing agent your offer has the best terms, lowest risk, and is most likely to cross the proverbial finish line. This episode is an encore presentation of episode #35 of The Walkthrough.). Join our Walkthrough Listener Community. Links and Show Notes.

Agents 72

Agents Inspection Inspection contingency Pre-approval 72

Housing Wire

JULY 8, 2022

Recently, the Federal Housing Finance Agency (FHFA) announced that mortgage lenders will be required to include in loan packets the Supplemental Consumer Information Form (SCIF), which registers a borrower’s language preference, in order for those loans to be eligible for sale to Freddie Mac or Fannie Mae. The current state of LEP compliance.

Loans 373

Loans Mortgages Development Lending 373

HomeLight

OCTOBER 12, 2020

There’s more to winning a bidding war than price. You need to write offers that tell the seller and listing agent three things: your offer has the best terms. your offer has the lowest risk. your offer is most likely to cross the proverbial finish line. Join our Walkthrough Listener Community. Links and Show Notes. Full Transcript.

Agents 98

Agents Inspection Inspection contingency Pre-approval 98

Housing Wire

SEPTEMBER 7, 2021

Last week, the Biden Administration rolled out a major initiative to take immediate, tangible steps to increase the supply of affordable housing. We also hope that broad initiatives in the plan, such as down payment assistance, rehab and retrofit of existing homes, and the Federal Financing Bank will be focused on this market segment.

Title 461

Title Loans Finance Construction 461